Slim’s America Movil gets into TV programming
(Reuters) – Leading Latin American wireless operator America Movil has begun producing programing for Colombian television, appearing to signal a first step into regional media from its owner, Mexican...
View ArticleTech Billionaires: The Five Most Influential Geeks on Earth
Their technology drives our lives and our businesses. These super execs have changed the world and continue to do so You wake up in the morning and one of the first things you do is pick up your...
View ArticleCosta Rica accepts bids to offer cell phone service
By Alex Leff | SAN JOSE, Costa Rica | Reuters * First bids to end Costa Rica state-run telecom monopoly * Mexico‘s America Movil and Spain’s Telefonica in running Mexico’s America Movil and Spain’s...
View ArticleNewsmaker Interview with Carlos Slim at GW Global Forum-NYC, Oct. 29, 2010
Carlos Slim, chairman of Grupo Carso and chairman of Instituto Carlos Slim de la Salud spoke with Frank Sesno, director of GW’s School of Media and Public Affairs at the GW Global Forum-New York City...
View ArticleAmerica Movil Gets Approval to Delist Fixed-Line Unit
Bloomberg | January 10, 2011 | Crayton Harrison America Movil SAB, Latin America’s largest wireless carrier, won approval to delist shares of its Telmex Internacional SAB fixed-line unit as it seeks to...
View ArticleAmérica Móvil’s Panamanian subsidiary launches Synchronica-based Claro messenger
Synchronica | January 25, 2011 | Press Release Highlights: Claro Panamá becomes the sixth América Móvil subsidiary to launch Claro Messenger IM solution Synchronica has a group-wide framework agreement...
View ArticleUPDATE 1-Mexico’s America Movil offers to swap Telmex debt
* America Movil offers extends to 1.3 bln of Telmex notes * Investors have until March 3 to swap debt (Recasts, adds amount of debt swap and deadline) Jan 31 (Reuters) – Mexican billionaire Carlos...
View ArticleCarlos Slim: World’s richest man
CNBC | January 2011 | Michelle Caruso Cabrera Mexico’s Carlos Slim tells CNBC’s Michelle Caruso Cabrera about the businesses he owns, what he’s going to do with his wealth, and where he may be...
View ArticleUPDATE 3-Tycoon Slim plans more investment in Mexico in 2011
Reuters | January 31, 2011 | Cyntia Barrera Diaz and Veronica Gomez * Slim, world’s richest person, to invest $3.6 bln in Mexico * Mine unit looking to expand in Mexico and beyond * Held conference at...
View ArticleUPDATE 2-Mexico’s Telmex profit slumps 32 pct on tax hit
Reuters | February 3, 2011 | Michael O’Boyle and Tomas Sarmiento * Net profit of 3.39 bln pesos below estimates * EBITDA and revenues also miss, taxes higher * Sheds 291k line, adds 835k broadband,...
View ArticleSlim’s Telcel pitches new fee proposal to rivals
Reuters | February 4, 2011 | Cyntia Barrera Diaz Telcel, the commercial brand of tycoon Carlos Slim’s cell phone giant America Movil, proposed new, lower fees for its rivals to connect to the company’s...
View ArticleUPDATE 2-Mexico’s America Movil profit down; subscribers up
Reuters | February 8, 2011 | Michael O’Boyle * America Movil posts 4.7 pct drop in profits * Surprisingly strong growth in new mobile subscribers * Bigger stake helps lift Slim’s wealth to about $75...
View ArticleCarlos Slim interview
Bloomberg | February 10, 2011 | Betty Liu Feb. 10 (Bloomberg) — Mexican billionaire Carlos Slim talks with Bloomberg’s Betty Liu about his 2011 investment strategy in Latin America and his holdings in...
View ArticleTelevisa faces loss of advertising
Wall Street Journal | February 18, 2011 | Jose De Cordoba MEXICO CITY—Companies controlled by Mexican billionaire Carlos Slim have decided to stop advertising through the country’s biggest broadcaster,...
View ArticleMexico tycoon rivalry worsens over jump in ad rates
Reuters | February 21, 2011 | Cyntia Barrera Diaz (Reuters) – Billionaire Carlos Slim pulled advertising from Mexico‘s top broadcaster after ad rates spiked by 20 percent, a Slim spokesman said on...
View ArticleAmerica Movil unit to invest $180 million in Ecuador in 2011
Wall Street Journal | February 17, 2011 | Mercedes Alvaro Of DOW JONES NEWSWIRES QUITO (Dow Jones)–Ecuador’s largest cellphone company, Porta Celular, the local unit of Mexican communications giant...
View ArticleMexican telecoms call for regulation of Telcel’s rates
Fox News | March 3, 2011 More than 20 telephone operators have banded together to ask the Mexican government to regulate the interconnection fees charged by billionaire Carlos Slim’s Telcel, the...
View ArticleBillionaire vs. billionaire in Mexico feud
Wall Street Journal | March 4, 2011 | JOSÉ DE CORDOBA MEXICO CITY—Three of Mexico’s most prominent billionaires—who were once a cozy group of amigos protecting each other’s backs—are now battling over...
View ArticleLatin Day Ahead: Brazil Signals It Will Raise Rates Next Month
Bloomberg | March 4, 2011 | Laura Price Brazil Says Raising Rate to 11.75% Part of ‘Adjustment Process’ Brazil’s central bank signaled it will raise the benchmark interest rate for a third straight...
View ArticleMexico’s Telmex to split in two
Wall Street Journal | March 9, 2011 | Anthony Harrup MEXICO CITY—Mexico’s largest phone company Telefonos de Mexico SAB said it plans to split into two companies, one of which will serve rural and...
View ArticleMexican phone, TV firms raise ante
Wall Street Journal | March 10, 2011 | Jose De Cordoba MEXICO CITY–Three powerful billionaires, lambasting one another as “monopolists” and “duopolists,” filed complaints against each other Wednesday,...
View ArticleMore Charges Filed In Mexico’s Media-Telecom Dispute
Wall Street Journal | March 23, 2011 | Anthony Harrup Of DOW JONES NEWSWIRES MEXICO CITY (Dow Jones)–Mexico’s largest mobile phone operator, America Movil SAB (AMX, AMX.MX) unit Telcel, said Wednesday...
View ArticleAmerica Movil sees doubling pay TV clients by end of 2013
Reuters | April 4, 2011 | Cyntia Barrera Diaz (Reuters) – America Movil expects to double its pay television customers in Latin America to 22 million by the end of 2013, according to projections from a...
View ArticleTelmex wins Nextel auction for wireless broadband
Reuters | April 7, 2011 | Andre Grenon (Reuters) – Telmex, the telecommunications giant controlled by Mexican billionaire Carlos Slim, said it won a contract to provide the platform for wireless...
View ArticleBloomberg: Televisa’s Azcarraga Interview
Bloomberg | April 8, 2011 | Video April 12 (Bloomberg) — Emilio Azcarraga, chairman and chief executive officer of Grupo Televisa SA, talks about the company’s purchase of a 50 percent stake in Grupo...
View ArticleMexico stocks hurt as America Movil drops
MarketWatch | May 4, 2011 | Carla Mozee LOS ANGELES (MarketWatch) — Mexican stocks dropped Wednesday, with shares of market heavyweight America Movil SAB extending losses and ending at an eight-month...
View ArticleTycoon Clash Means Less Money for Mexico Billionaires as Consumers Benefit
Bloomberg | May 24, 2011 | Crayton Harrison An escalating confrontation between Carlos Slim and two fellow billionaires is driving prices lower for phone, Internet and TV services inMexico, a boon for...
View ArticleAmérica Móvil to buy out remainder of Telmex
Mexican telecom giant América Móvil, owned by billionaire Carlos Slim, is offering US $6.5 billion to acquire from shareholders the entire ownership of its fixed-line operation Telefonos de Mexico SAB...
View ArticleClaro updates its network to IP RAN
Claro, the Brazilian operator owned by Carlos Slim’s América Móvil (AMX), announced that it is updating its radio access network to be all Internet Protocol based by the end of the year. This strategy...
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